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What Does ‘Mello Roos’ Mean?
What Is Mello Roos? Mello Roos is a special tax that is used to finance public infrastructure projects in California. In California, it is also known as Community Facilities Districts (CFDs). Mello Roos taxes are generally applied to new development projects in areas where there is a need to build additional infrastructure, such as roads,…
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What Does ‘Card Cloning’ Mean?
What Is Card Cloning? Card cloning is a type of fraud where criminals copy information from a card or payment terminal in order to create an identical replica of the card. The information that can be cloned includes credit or debit card numbers, security codes, bank accounts, and other sensitive information. By using this cloned…
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What Does ‘Cloned Cards’ Mean?
What Is a Cloned Card? A cloned card is a counterfeit credit, debit, or ATM card created by criminals using stolen payment card information. This type of identity theft takes place when a thief obtains confidential personal information from an unsuspecting cardholder’s account. This information can be obtained in a number of ways, including online…
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What Does ‘Clone Card’ Mean?
What Is a Clone Card? A clone card is a type of credit or debit card that uses a technique referred to as cloning. This involves illegally obtaining someone’s credit or debit card details and then using those details to create a copy of the card that can be used to make purchases. Clone cards…
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What Does ‘Deadweight Loss’ Mean?
Understanding Deadweight Loss For college students learning about business and finance, it is important to understand the concept of deadweight loss. This term is used to describe the economic inefficiency that results from the taxation of a good or service. This inefficiency is caused by the fact that the government taxes are placed on a…
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What Does ‘SPV’ Mean?
What Is SPV? Special purpose vehicle (SPV) is an entity created for an individual business purpose. It is used to isolate the assets and liabilities of a company from the parent company. SPVs are often used to manage financial risk and to finance large projects. In business and finance, an SPV can be used as…
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What Does ‘Cost of Capital’ Mean?
What Is Cost of Capital? Cost of capital is a key concept in business and finance that is important for college students to understand. Simply put, it is the total costs incurred when raising capital in order to fund a business venture or project. It is normally expressed as a percentage of the funds raised.…
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What Does ‘How to Calculate Gross Profit’ Mean?
How to Calculate Gross Profit Gross profit is the amount of money a business earns after subtracting the costs of producing and selling its products or services. To calculate gross profit, you must first determine the cost of goods sold and then subtract that amount from the total revenue. By calculating gross profit, you can…
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What Does ‘Fund of Funds’ Mean?
Understanding Fund of Funds Funds of funds (FoF) are investment vehicles that invest in other funds. A fund of funds strategy combines the benefits of both mutual fund investing and private opportunities. Typically, a fund of funds invests in several funds in order to provide investors with the diversification and access to numerous market segments.…
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What Does ‘CoCo Bonds’ Mean?
Understanding CoCo Bonds Coco bonds are a type of corporate bond which have characteristics of both a debt and a equity instrument. CoCo bonds, which stands for “contingent convertible bonds,” are powerful tools used by corporations to raise capital. They are a type of hybrid security, meaning that they are comprised of both debt-like and…
